$607,703

Nice Building

  • 2 Beds
  • 1 Baths
  • 1,540 Sqft
  • Updated: Yesterday
  • 1

About the Property

COMMERCIAL PREMISES WITH OPERATIONAL EXTRACTION + 2-BEDROOM APARTMENT ON THE UPPER FLOOR - DPE B / GES A

Extremely rare opportunity just 700m from the Central Station and 650m from the Gare du Sud Tram. Mixed-use building of 143m² (Loi Carrez) / 6 rooms / 2 bedrooms. The only one at this price with an existing and compliant extraction duct. No extraction work needed - open your restaurant
COMMERCIAL PREMISES WITH OPERATIONAL EXTRACTION + 2-BEDROOM APARTMENT ON THE UPPER FLOOR - DPE B / GES A

Extremely rare opportunity just 700m from the Central Station and 650m from the Gare du Sud Tram. Mixed-use building of 143m² (Loi Carrez) / 6 rooms / 2 bedrooms. The only one at this price with an existing and compliant extraction duct. No extraction work needed - open your restaurant, coffee shop, snack bar, or dark kitchen immediately.

2 PROFITABLE AND INDEPENDENT UNITS:

LOT 1 - Ground floor: COMMERCIAL PREMISES 74m² with EXTRACTION
- Through space with great street visibility
- Connected to the main sewer
- Electric heating + air conditioning
- The golden advantage: existing extraction system.

LOT 2 - 1st floor: 2-bedroom apartment 76.62m² with balcony
Details:
- Living room/kitchen 40m²
- Bedroom 14.51m²
- Bedroom 8.46m²
- Shower room 5.69m²
- Hallway 6.68m²
- WC 1.28m²
Features: air conditioning, fireplace, double glazing. Available.

Rental market at Gare du Sud / Vernier is booming. Ideal to combine your business and residence or for a pure investor.

Vacancy rate: 5%
Most sought-after area in Nice. Premises with extraction rent out in less than a week. Vacancy rate nearly zero for this type of property.

Gross yield: 10.38% to 12%
Calculation based on 2 separate commercial/residential leases:

- Commercial space 74m² with extraction: €2,800 to €3,200/month = €33,600 to €38,400/year.
- 2-bedroom apartment 76m² with balcony: €1,350 to €1,500/month = €16,200 to €18,000/year.

TOTAL RENT: €54,000/year = 10.38% GROSS. With short-term optimization or increased 3/6/9 commercial lease, gross yield exceeds 12%.

You are buying a prime location, a ready-to-use workspace, and additional rental income.
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/
  • Property type

    Other

  • Floors

    2

  • Price/sqft

    $394

Features

Explore the Area

Vernier, Nice, France View on Google Maps
Price per sqft
Low
High
Located in the heart of Nice, this luxurious listing offers buyers the quintessential Mediterranean lifestyle. A short drive to Nice Côte d’Azur Airport (15 mins) and Nice-Ville Train Station (10 mins) ensures seamless connectivity. Enjoy the elegance of local Michelin-starred dining, or stroll through the Promenade des Anglais, just moments away. Nearby international schools and high-end shopping make this area both family-friendly and cosmopolitan.
Get nearby
Attractions
Schools
Nice Côte d'Azur Airport
Airport
15 min
Nice-Ville Train Station
Train Station
10 min
Promenade des Anglais
Outdoor & Nature
5 min
La Réserve de Nice
Dining & Wine
8 min
Musée Matisse
Culture & Heritage
12 min
International School of Nice
International School
20 min

View 11 more listings in Vernier

Infinity Group Immobilier

Joined 2 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Infinity Group Immobilier
France
View agency profile
68
Listings
2024
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Infinity Group Immobilier
Antibes, France
View agency profile
Last updated
Yesterday
First listed
Mar 10
Listing reference
86793726
Call

Start phone call with:

Hello, I’m calling for the property with the reference 86793726, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.